$440,000
SOLD MAR 24, 2025

20660 N 40th St Unit 2159 Phoenix, AZ 85050

Desert Ridge Neighborhood
2 Beds
2 Baths
1,440 Sq Ft
$336/mo HOA Fee

Recently Sold

$306 Per Sq Ft

5% Below List Price

34 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Granite Countertops
  • Fireside Elementary School Rated A
  • Clubhouse
  • Heated Community Pool

About This Home

As of March 2025

Check out this hidden gem community minutes from Desert Ridge. This Charming 2 bed, 2 bath, living all on one level, boasts a lovely, remodeled Kitchen with newer cabinets, granite counters and stainless-steel appliances. Great Room open floor concept with outside balcony, perfect for entertaining. This home has tons of storage. Wood Style Tile floors and freshly painted just for you. Not to mention the convenience of two A/C units and two oversized private garage spaces, all within a gated community. La Verne offers Community Pools, Hot Tubs, Gym, Clubhouse, Movie Theatre and Pool Room. With easy access to dining, shopping, and major freeways, its the ideal blend of comfort and convenience.

Last Agent to Sell the Property

Amy Miller Gilbert

Russ Lyon Sotheby's International Realty License #BR569751000 Listed on: 01/14/2025

Russ Lyon Sotheby's International Realty

Co-Listed By

Michelle Mowzoon

Russ Lyon Sotheby's International Realty License #SA528049000

Last Buyer's Agent

Asa Clayborne

LPT Realty, LLC License #SA707062000

LPT Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,750

Year Built

  • Built in 2004

HOA Fees

  • $336 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Desert Trails Elementary School
  • Explorer Middle School
  • Pinnacle High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • 1,256 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 2159
  • Assessor Parcel Number 213-13-947

Community Details

Overview

  • Association fees include roof repair, ground maintenance, street maintenance, roof replacement, maintenance exterior
  • Assoc Prop Mgmt Association, Phone Number (480) 941-1077
  • La Verne Condominiums Replat Subdivision

Amenities

  • Clubhouse
  • Theater or Screening Room
  • Recreation Room

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,750

Year Built

Built in 2004

Lot Details

0

HOA Fees

$336 per month

Parking

2

Listing Details

  • Cross Street: Deer Valley & 40th St.
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 336.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2018
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2018
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Tax Year: 2024
  • Directions: South on 40th St to gated entrance on right. Enter gate take a left and follow road to the right (West) Home is on left. Plenty of guest parking.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: LA VERNE CONDOMINIUMS REPLAT
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 336.0
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Double Vanity, High Speed Internet, Granite Counters
  • Living Area: 1440.0
  • Stories: 2
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Assessor
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Community Media Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa Htd, Community Pool Htd, Community Media Room, Clubhouse, Fitness Center
  • Amenities: Other, Management
  • Association Fee: 336.0
  • Association Fee Frequency: Monthly
  • Association Name: La Verne Condo Assoc
  • Phone: 480-502-9989
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: La Verne Condo Assoc
  • Association Fees:HOA Telephone4: 480-502-9989
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 672.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 672.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Assoc prop mgmt
  • Association Fees:HOA Management Phone: 480-941-1077
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Maintenance Grounds, Street Maint, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Desert Trails Elementary School
  • High School: Pinnacle High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Explorer Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1256.0
  • Parcel #: 213-13-947
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1750.0
  • Tax Book Number: 213.00
  • Tax Lot: 2159
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2025
Closed on
Mar 13, 2025
Sold by
Jjlafranchi Living Trust and Lafranchi Justin Lyle
Bought by
Daniel L Ventura Living Trust and Ventura
Seller's Agent
Amy Miller Gilbert
Russ Lyon Sotheby's International Realty
Buyer's Agent
Asa Clayborne
LPT Realty, LLC
List Price
$465,000
Sold Price
$440,000
Premium/Discount to List
-$25,000
-5.38%
Total Days on Market
34
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%

Purchase Details

Closed on
Jun 6, 2022
Sold by
Lafranchi and Jamie
Bought by
Jjlafranchi Living Trust

Purchase Details

Listed on
May 14, 2020
Closed on
Jun 5, 2020
Sold by
Dyer Michael
Bought by
Lafranchi Justin and Lafranchi Jamie
Seller's Agent
Heather Dyer
HomeSmart
Buyer's Agent
Amy Miller Gilbert
Russ Lyon Sotheby's International Realty
List Price
$317,000
Sold Price
$315,000
Premium/Discount to List
-$2,000
-0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%

Purchase Details

Listed on
Feb 9, 2013
Closed on
Apr 18, 2013
Sold by
Fannie Mae
Bought by
Dyer Michael
Seller's Agent
Bret Bowdish
Arizona Executives
Buyer's Agent
Katie Atkison
Success Property Brokers
List Price
$269,900
Sold Price
$225,000
Premium/Discount to List
-$44,900
-16.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%
Original Mortgage
$180,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2013
Sold by
Gebran Mario
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 26, 2006
Sold by
Gebran Mario A
Bought by
Gebran Mario A and The Mario A Gebran Trust

Purchase Details

Closed on
Apr 28, 2005
Sold by
La Verne Condominiums Llc
Bought by
Gebran Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,700
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $440,000 Arizona Premier Title
Special Warranty Deed -- Lincoln & Wenk Pllc
Warranty Deed $315,000 First American Title Ins Co
Special Warranty Deed $225,000 Old Republic Title Agency
Trustee Deed $244,776 None Available
Interfamily Deed Transfer -- None Available
Special Warranty Deed $295,913 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $180,000 New Conventional
Previous Owner $236,700 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Sold $440,000 -3.3% $306 / Sq Ft
01/29/2025 01/29/25 Price Changed $455,000 -2.2% $316 / Sq Ft
01/14/2025 01/14/25 For Sale $465,000 +47.6% $323 / Sq Ft
07/01/2020 07/01/20 Sold $315,000 -0.6% $219 / Sq Ft
05/14/2020 05/14/20 For Sale $317,000 0.0% $220 / Sq Ft
11/27/2017 11/27/17 Rented $1,450 0.0% --
10/18/2017 10/18/17 Price Changed $1,450 -6.5% $1 / Sq Ft
09/14/2017 09/14/17 For Rent $1,550 0.0% --
09/14/2017 09/14/17 Price Changed $1,550 +6.9% $1 / Sq Ft
08/31/2017 08/31/17 Off Market $1,450 -- --
08/21/2017 08/21/17 Price Changed $1,450 -3.0% $1 / Sq Ft
08/17/2017 08/17/17 For Rent $1,495 0.0% --
08/15/2017 08/15/17 Off Market $1,495 -- --
08/09/2017 08/09/17 For Rent $1,495 0.0% --
08/08/2017 08/08/17 Off Market $1,495 -- --
07/31/2017 07/31/17 For Rent $1,495 0.0% --
08/18/2016 08/18/16 Rented $1,495 0.0% --
07/18/2016 07/18/16 Price Changed $1,495 -3.5% $1 / Sq Ft
06/17/2016 06/17/16 Price Changed $1,550 -2.8% $1 / Sq Ft
05/06/2016 05/06/16 For Rent $1,595 +8.1% --
06/01/2015 06/01/15 Rented $1,475 0.0% --
05/31/2015 05/31/15 Under Contract -- -- --
05/05/2015 05/05/15 For Rent $1,475 0.0% --
04/23/2013 04/23/13 Sold $225,000 0.0% $156 / Sq Ft
03/21/2013 03/21/13 Pending -- -- --
03/11/2013 03/11/13 Price Changed $225,000 -16.6% $156 / Sq Ft
02/08/2013 02/08/13 For Sale $269,900 -- $187 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,750 $24,988 -- --
2024 $2,060 $23,798 -- --
2023 $2,060 $33,170 $6,630 $26,540
2022 $2,041 $26,680 $5,330 $21,350
2021 $2,075 $24,730 $4,940 $19,790
2020 $2,343 $24,220 $4,840 $19,380
2019 $2,346 $22,200 $4,440 $17,760
2018 $2,269 $21,400 $4,280 $17,120
2017 $2,175 $20,770 $4,150 $16,620
2016 $2,139 $20,170 $4,030 $16,140
2015 $1,691 $18,330 $3,660 $14,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6804904

Arizona Regional Multiple Listing Service (ARMLS)

APN: 213-13-947